The Hong Kong Science Park has received an enthusiastic response to the leasing of its office premises from local and international companies.
Daniel Lam, director of marketing and development at the Provisional Hong Kong Science Park Co, said interested companies have applied for or have committed to more than 90 per cent of the 1.3 million square feet of the park's first phase premises.
Although marketing started only last November, the response has been very strong, he said.
So far, seven tenants have committed to leasing a total of 210,000 sq ft in the park while 18 applicants have expressed their interest in taking up most of what remains in the first phase.
The committed tenants include integrated circuit-developer Solomon Systech, Group Sense (International), pharmaceutical group Kinetana, ON Semiconductor, Analogic Tech and Scarborough (Hong Kong).
The science park is being built on a 22-hectare site at Pak Shek Kok, across Chinese University in Tai Po, facing the Tolo Harbour. It will be developed in three phases over a period of nine years, and will provide a total floor area of 3.55 million sq ft for residential, retail and office uses.
In addition to phase one, the second and third phases will each involve 1.13 million sq ft of space. The first offices are expected to be ready by late 2001.